Maritime
Maritime transportation, goods, services and regulation news
School counselors receive tools to promote maritime careers
| April 22, 2024 | Maritime
The Virginia Maritime Association (VMA) provides school counselors and career and technical education coaches tools to inform students about entry-level and advanced career opportunities in maritime and supply chain logistics.
Value Maritime and MOL team up to capture carbon together
| April 22, 2024 | Green Shipping | Maritime | Bulk
Dutch emission-reducing tech enterprise, Value Maritime (VM) and Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) have inked a contract for VM to supply an Exhaust Gas Cleaning System (EGCS) and Carbon Capture feature for an LR1 Product Tanker.
WISTA International’s ExCo Mid-Term Meeting and Conference champions connectivity and diversity in the maritime industry
| April 22, 2024 | Maritime
After a successful mid-term meeting of the ExCo (Executive Committee) of WISTA International, today, the Women's International Shipping & Trading Association (WISTA) holds its Mid-Term Conference with the theme "We Are All Connected in Shipping." Hosted and organised by WISTA Türkiye, this pivotal event brings together industry leaders, experts and stakeholders to explore the interconnectedness of the global shipping sector and advocate for greater diversity and inclusion.
Russia builds new Asia trade routes to weaken sanctions over war
| April 19, 2024 | Intermodal | Rail | Maritime
Russia is pressing ahead with construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at the same time as Middle East turmoil is disrupting global trade.
DNV awards certificates for Fortescue’s dual-fueled ammonia-powered vessel during Singapore Maritime Week
| April 19, 2024 | Maritime
Classification society DNV presented Australian green technology, energy, and metals company Fortescue with class and statutory certificates for its dual-fuelled ammonia-powered vessel ‘Green Pioneer’ at a ceremony held during Singapore Maritime Week...
CMA CGM strengthens and reshuffles SEAS1 & SEAS2 services connecting Asia and East Coast South America
| April 19, 2024 | Maritime
CMA CGM is pleased to introduce its new Asia-East Coast South America set up that will start in May 2024...
CMA CGM Announcement: New FAK Rates - From Asia to the Mediterranean & North Africa
| April 19, 2024 | Maritime
Please find the new applicable CMA CGM Freight All Kinds (FAK) rates (*) as follows from May 1st to 14th, 2024 (date of loading in the origin ports) until further notice...
WSC seeks correction of contradiction in FMC detention and demurrage final rule
| April 18, 2024 | Maritime | Liner Shipping
Cargo Insurance - Important update on Baltimore Bridge incident
| April 18, 2024 | Maritime
Red Sea disruption pushing up container values and rates
| April 18, 2024 | Maritime
20 year old Handy Containers of 1,750 TEU up by as much as 43% since the new year from USD 6.99 million to USD 8.6 million...
Steerprop will supply main propulsion and tunnel thrusters for Canadian Coast Guard Multi-Purpose Vessels Program
| April 18, 2024 | Maritime
Steerprop has been chosen to provide a comprehensive Polar Class 4 (PC 4) propulsion package for the Canadian Coast Guard's Multi-Purpose Vessels (MPVs) renewal program...
Kongsberg Maritime Sweden supplies propeller systems for ASW-frigates to Damen Naval
| April 18, 2024 | Maritime
The four ASW frigates will replace the current Karel Doorman-class multi-purpose frigates. They will be deployed for various tasks, with anti-submarine warfare as their main purpose. The ships will have hybrid diesel-electric propulsion designed to operate as quietly as possible...
Amazon Web Services maritime AI hub to be built in Singapore
| April 18, 2024 | Maritime
Amazon Web Services (AWS) is to develop a new maritime Artificial Intelligence and Machine Learning (AI–ML) Digital Hub in collaboration with the Maritime and Port Authority of Singapore (MPA), following the signing of a new memorandum of understanding between the organizations.
MSC Announcement: GRI - GENERAL RATE INCREASE
| April 17, 2024 | Maritime
Due to the current situation in the Persian Gulf, Effective as of May 17th, 2024 a General Rate Increase (GRI) will be applicable for all cargo ex USA & Puerto Rico going to Middle East and Gulf (United Arab Emirates, Bahrain, Saudi Arabia – POD Dammam -, Qatar, Kuwait, Oman, Iraq) with the following quantum...
Gibson bets on Permian strength powering US oil exports growth
| April 17, 2024 | Energy | Maritime | Bulk | Ports & Terminals | Terminals
Canada’s Gibson Energy Inc. is betting that swelling oil output in the Permian Basin will fuel continued growth in US crude exports, boosting profit from a major Gulf Coast terminal it bought last year for about $1.1 billion.
Brunswick sets record month for autos
| April 17, 2024 | Maritime | Breakbulk News | Ports & Terminals | Ports
Colonel’s Island Terminal at the Port of Brunswick continued its record-setting pace in March, handling 77,236 units of Roll-on/Roll-off cargo, an increase of 13,438 units or 21 percent over the same month last year...
Joe Kramek appointed as New President & CEO at World Shipping Council
| April 17, 2024 | Maritime | Liner Shipping | Breakbulk News | Bulk | People | Appointments
The World Shipping Council (WSC), the united voice of liner shipping, is happy to announce that the WSC Board has appointed Joe Kramek as its new President & CEO, to succeed John Butler upon his retirement at the end of July...
First Fednav vessel returns to Canadian shipyard
| April 17, 2024 | Maritime
Ocean Group welcomes MV Umiak I back to dry dock...
Seized ship’s cargo reveals impact of Iran tensions on global trade
| April 17, 2024 | Maritime | Liner Shipping
The MSC Aries wasn’t much different from the other 7,000 container ships plying the high seas, until it took an involuntary detour near the Strait of Hormuz into the hands of Iran’s Islamic Revolutionary Guard Corps.
Panama Canal announces new measures regarding number of transits and maximum draft
| April 17, 2024 | Maritime
The Panama Canal Authority has unveiled a series of measures aimed at optimizing transit operations while ensuring safe navigation through the waterway...
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